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HomeMy WebLinkAboutTimes Advocate, 1994-10-12, Page 5Page 5 Luxury boat dealership bankrupt GRAND B`_3ND - Grand Bend Marine Ltd., was declared bankrupt on August 26 owing an estimated $1.2 million. "A definite figure won't be known for some time," said George Shaw, representing Deloitte and Touche Inc., a London based com- pany involved in the bankruptcy Case. Shaw said business assets were auctioned off at the end of August, although it is still not known which creditor has legal right to the $I.2 million reccovered from the sale. Investmen P 1Yr.-6.75% 3 Yr. - 7.875% 5 yr. - 8.25% Segregated Funds 1 YR. - 10.99% 2YR. -13.17% 3 YR. - 10.07% Gaiser-Kneale 235-2420,238-8484 • GIC rates subject to change. Short- term rates available. Segregated fund rates reflect actual past performance. Future returns will vary. ■ KELLER IT ',S__O B IJSI ]\ T FS.S Times -Advocate, October 12, 1994 ' hack in Tinge. By Ross Haugh from the archives of the Exeter Tirnes Advocate 10 YEARS AGO October 10, 1984 -Among those expressing surprise at this week's report of the re- tirement of Ontario Premier William Davis was Jack Rid- dell Huron -Middlesex MPP who said, "I thought he was ready to take his party back to a fall election.He was a good leader in most instances and a man who had the pulse of the people." For the third time in its his- tory a Huron Park boat build- ing firm is experiencing finan- cial problems. A receiver and manager, Dunwoody Ltd. of Waterloo has been appointed for Aura Yachts on the re- quest of a secured creditor. This firm is the successor to Hughes Columbia and North Star Yachts, both firms which experienced bankruptcies. An "ambivalent" resolution favouring the return of capital punishment was vetoed by Huron County council in a 23-5 recorded vote. 25 YEARS AGO October 16, 1969 - Most members of the Dashwood Ti- gers climbed aboard the vil- lage fire truck at 2 a.m., Tues- day immediately after their return from Mattice with their second consecutive Ontario Baseball Association Interme- diate championship. Fire chief Harold Schroeder was at the wheel and club president Joe Merner was on the running board. Leader Harry Hoffman and some of his Dashwood band members were out to serenade the returning cham- pions. Snow storms in Mattice which is 688 miles from Dashwood cut a proposed three game series to a sudden - death contest which was played after gasoline was used to burn the snow off the diamond. The Tigers win was led by pitcher Bob Webb and rookie shortstop John Hayter who had a perfect day at the plate and in the field. Disse are having plenty of luck in landing large fish on angling trips to the north. In a picture this week, Tim and Danny Shute of Kirk - ton are showing off a 22 pound northern pike caught by Edwin Shute who was fishing near Hearst with Harold Butler of Mitchell. 50 YEARS AGO October 12, 1944 -Preston Dearing of Stephen township who has been sweeping the boards at local fairs with his Dorest Horn sheep carried off all the major prizes at the On- tario Championship Sheep Show in Woodbridge. His son Gerald was fourth with a Southdown yearling ram. The Exeter Lions Frolic at the arena Thursday and Friday night topped anything that the Lions have yet attempted. A co -incidence was that gate re- ceipts Thursday night at $91.50 were exactly the same as a year ago. Friday night's crowd was huge with receipts at $317.60 A Red Cross goose supper will be held October 18 at the Grand Bend Church shed. Dr. R.H. Taylor will be the guest speaker and entertainment will be provided by the Dashwood band and Mr. and Mrs. Harold Sturgis, Wm. Murdoch, Mrs. Tomlinson and A.E. Wuerth, all of Exeter. 100 YEARS AGO October 11', 1894 - The an- nual fall fair under the auspices of the Blanshard Agricultural Society was held Thursday and Friday last in the beautiful vil- lage of Kirkton. The weather was anything but pleasant and financial results proved unsat- isfactory. The gate receipts amounted to $60, while other years, receipts ran into the hun- dreds of dollars. The Granton Fair held Mon- day and Tuesday was greeted by fipe weather and a more successful show has never been held. The pork packing house at Hensall is now open for fall and winter business and a large number of hogs is being taken in at $5.50 to $6 per cwt. The wheat merchants have erected a bucket shop on Station Street opposite to the "Commercial" and during the winter the bulls and bears will hold high carni- val. Dealership grows Matt Clarke, dealer principal of Exeter Chrysler stands in front of his new dealership building. Clarke said the new building is twice the size of the old one at 10,000 sq. ft. Employees moved in on September 15 which marked the fifth anniversary of the deal- ership in Exeter. New home buyers want energy efficiency in Canadian homes OTTAWA - Anne McLellan, federal Minister of Natural Re- sources (NRCan) released a survey report on energy efficiency in Ca- nadian' homes. The survey shows that the majority of Canadians sup- port energy efficiency standards for new houses. "The survey results demonstrate that Canadians recognize the im- portance of mechanisms to encour- age improved energy efficiency in the residential sector. The new Na- tional Energy Code for Houses is one such mechanism," Minister McLellan noted. Working in partnership, the fed- eral and provincial governments, the National Research Council, and the electric utility companies are funding a new National Energy Code for Houses. When the prov- inces adopt the code, every new home will have to meet or exceed minimum requirements for energy efficiency. Each province will have a unique set of requirements that reflects its climate, energy costs, and construction costs. "By becoming more energy effi- cient, we can make a positive con- tribution to the Government of Canada's environmental goal of limiting greenhouse gas emis- sions," McLellan said. "As well, the reduction of annual energy costs through improved energy ef- ficiency makes good economic sense. With a comprehensive ener- gy code in place, provinces will have a straightforward process to update energy efficiency require- ments for new housing." NRCan commissioned the An- gus Reid Group to survey home buyers across Canada on issues re- lated to energy efficiency and housing. The survey assessed re- cent and prospective home buyers' agreement with a code of stan- dards for constructing energy effi- cient houses. Eighty-eight percent of respon- dents favour mandatory minimum energy efficiency standards for new houses built in their province. Seventy-nine percent agree that an energy efficient home is a more comfortable home. Support for minimum energy efficiency stan- dards for new houses built in their province. Support for minimum standards is highest among the re- spondents who are looking for, or recently purchased, a home in the $120,000 to $160,000 range. Homebuyers also identified the features that make a home energy efficient. Highest in rank are ener- gy efficient heating systems, good insulation, and well -sealed doors and windows. Over a third of the respondents agreed that many new homes being built today are not en- ergy efficient. Survey respondents recognize that if minimum standards entail additional costs to consumers, they would be prepared to pay an addi- Customers save during POWER SMART Month TORONTO - October is Powcr Smart month, and retailers across Ontario are offering consumers discounts on energy-efficient prod- ucts and feature -priced appliances. The month-long promotion, now in its fourth year, is a cooperative effort between Ontario Hydro and 15 major hardware and appliance retailers. Its purpose is to heighten public awareness of energy-saving techniques, especially in advance of winter, when the demand for electrical power reaches its peak. Retailers participating in the POWER SMART campaign include: Home Depot; Beaver Lumber; Canadian Tire; Home Hardware; Pro Hardware/Do it Centres; Lansing Build -All; Wal-Njrt; TSC Stores; United Co-op; Homecare; Scars, Eatons; the Bay; Future Shop; and Home and Rural Appliances. "Hydro customers saved 70 million kilowatt-hours of electricity or $5.6 million dollars last year," says Elyse Allan, director of Energy Services Marketing for Ontario Hydro," we anticipate even greater savings this year, she said. For all your roofing needs No job too small Flat and shingle roof experts 235-3643 Fax: 235-0053 tional cost. Most said that the extra cost should be recovered through energy bill savings within five years. CONSIDERING BANKRUPTCY? Call for Alternatives Non -Profit Credit Counselling now available in Huron County 2T3-1020 Family Counselling BUSINESS DIRECTORY AUCTIONEERS FILSON & ROBSON The Experienced Auctioneers that Guarantee You More $$ Considering A Sale or Need an Appraisal 666-0833 666-1967 Call Collect Supplying you with 38 years Efficient Service • Mobile Office • Immediate Payment 3 Auctioneers It is our pleasure to serve you REPAIRS Sewing Machine Repairs to all makes . Free estimates 90 Day Warranty Experienced since 1952 Sew and Save Centre Ltd. 149 Downie St., Stratford Phone 271-9660 Bob Heywood Licensed Auctioneer Specializing in household and estate auctions Reasonable rates Bob 235-0874 Laverne 235-1278 HAIR STYLIST 10 Wellington St. & Main (Beside Murphy's) 235 -HAIR (4247) Vicki Parsons Kim Scott Terri Farquhar Waxing and ear piercing Seniors discount on Mon., 1/4 Tues., Wed. How to make great rates even better? 1 .tll (1.t..it. I.rni 11t. .it ONE YEAR 5.75 0/ • O On sale October 3, 1994. It's fully redeemable after only 30 days, without penalty. That means, if you need to cash -in early you'll earn daily interest up to the day of redemption. Few investments let you stay Ibis flexible. (ll�ti�,n \dialit .”.c (1I( FiRST YEAR O°' • O • SECOND YEAR 0 • On sale October 17, 1994. It takes a great oneyear ateY�` and makes it even better in year two. Not only are you guaranteed a competitive first year rate, you're guaranteed an even better second year rate with the added bonus of full redemption after year one. It's a win-win situation. Act now. Take advantage of 2 unique Royal Bank investments that deliver flexibility and solid growth. For more information call our toll-free number or pick up a brochure at your nearest Royal Bank branch. Demand is expected to be high, so talk to us soon. Available for a limited time only. For current rates call toll-free 1-800-668-9700. ROYAL BANK •Interest rates indicated are quoted as of September 30, 1994 are per annum and subject to change without notice. The Fall Classic Term Deposit and OptionAdvantage GIC are available to personal clients only. ^Trade -mark of Royal Bank of Canada. The Income Tax Aa requires that OptionAdvantage investors who exercise their renewal option be provided with tax reporting slips based on a compounded rate of interest. For the rates quoted, this rate will he 6.50% per annum if you re -invest both principal and interest, or 6.48% if you re -invest principal only.